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Flip's Pizzeria Inc. has the following financial items for the current year: Advertising Expenses $40,000 Cost of Goods Sold $350,000 Other Operating Expenses $330,000 Sales $2,720,000 Cost of Equipment purchased during the year (10 year estimate useful life, 0 salvage value) $585,000 Calculate Flip's taxable liability for the current year A C D E 1 Taxable Liability 2 3 4 5 6 7 8 10